The presidency has expressed concern that plans of President Muhammadu Buhari administration to fast-track Nigeria’s industrial development through the Special Economic Zones were being misrepresented in the public, including at a recent public hearing in the Senate.on Monday in Abuja, said that SEZ was discussed and approved by the Federal Executive Council.
“The discovery that a government parastatal in the Industry, Trade and Industry Ministry, the Nigeria Export Processing Zone Authority is said to have created a confusion when it’s top officials misinformed some members of the Senate about funds allotted for the implementation of the SEZ via the establishment of a PPP special vehicle firm named NSEZCO.
“The AGF explained that it was proper for the money to be allocated to the implementing liability company, NSEZCO, formed for the specific purpose as the Industry, Trade and Investment Minister had done.
Crime in the highest seat 💺.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Presidency raises concern over misrepresentation of N42bn SEZ plans – Daily TrustThe presidency has expressed concern that plans of the President Muhammadu Buhari administration to fast-track Nigeria’s industrial development through the Special Economic Zones (SEZ) was being misrepresented in the public, including at a recent public hearing in the Senate. The presidency, in a document made available to the News Agency of Nigeria (NAN) on Monday …
Source: Daily Trust - 🏆 13. / 51 Read more »
NEPZA officials accused of planning to embezzle N42bn special funds - Daily Post NigeriaTop officials of the Nigeria Export Processing Zones Authority, NEPZA, have been accused of planning to corner about N42billion meant for the establishment
Source: DailyPostNGR - 🏆 11. / 59 Read more »
EXCLUSIVE: How Top Officials Of Nigerian Export Authority Plan To Embezzle N42bn Special Economic Zones Funds | Sahara ReportersInvestigations however revealed that Emmanuel Jime, the immediate past Managing Director of NEPZA, and T. D. Nongo, the acting Managing Directr, to whom Jime handed over, devised the entire plot to ensure that the N42billion allocated for the development of the Special Economic Zones be controlled and disbursed by NEPZA instead of the Special Purpose Vehicle established by a presidential directive straight from Buhari’s desk.
Source: SaharaReporters - 🏆 9. / 63 Read more »
Presidency raises concern over misrepresentation of N42bn SEZ plans – Daily TrustThe presidency has expressed concern that plans of the President Muhammadu Buhari administration to fast-track Nigeria’s industrial development through the Special Economic Zones (SEZ) was being misrepresented in the public, including at a recent public hearing in the Senate. The presidency, in a document made available to the News Agency of Nigeria (NAN) on Monday …
Source: Daily Trust - 🏆 13. / 51 Read more »
NEPZA officials accused of planning to embezzle N42bn special funds - Daily Post NigeriaTop officials of the Nigeria Export Processing Zones Authority, NEPZA, have been accused of planning to corner about N42billion meant for the establishment
Source: DailyPostNGR - 🏆 11. / 59 Read more »
EXCLUSIVE: How Top Officials Of Nigerian Export Authority Plan To Embezzle N42bn Special Economic Zones Funds | Sahara ReportersInvestigations however revealed that Emmanuel Jime, the immediate past Managing Director of NEPZA, and T. D. Nongo, the acting Managing Directr, to whom Jime handed over, devised the entire plot to ensure that the N42billion allocated for the development of the Special Economic Zones be controlled and disbursed by NEPZA instead of the Special Purpose Vehicle established by a presidential directive straight from Buhari’s desk.
Source: SaharaReporters - 🏆 9. / 63 Read more »
Abe vs Amaechi: Rivers APC faction slams Channels Television over 'misrepresentation' - Daily Post NigeriaThe Senator representing Rivers South-East Senatorial District, Magnus Abe has accused Channels Television of misrepresenting events concerning the meeting Sorry u have time for channel TV ,media terrorist
Source: DailyPostNGR - 🏆 11. / 59 Read more »
FIRS Plans To Raise N6tn From Petroleum Tax, VAT To Finance 2019 Budget | Sahara Reporters.firsNigeria Plans To Raise N6tn From Petroleum Tax, VAT To Finance 2019 Budget | Sahara Reporters An analysis of the document shows that N1.7tn is expected to be earned from company income tax, while gas income, capital gains tax and stamp... READ MORE: firsNigeria In other words, we are funding our PARASITIC government from our torn pockets firsNigeria Fuel subsidy regime must go but b4 then we demand transparency in NNPC accounts. openupnnpcaccount
Source: SaharaReporters - 🏆 9. / 63 Read more »
Senate Presidency: Senator Sabi speaks on Ahmed Lawan - Daily Post NigeriaSenator Aliyu Sabi, Chairman, Senate Committee on Media and Public Affairs, on Wednesday declared that former Senate Leader, Ahmed Lawan will run an all-in
Source: DailyPostNGR - 🏆 11. / 59 Read more »